China’s GDP Rebound Shows Resilience Trump’s Strategy Overlooks

China’s data on gross domestic product for the second quarter shows the economy bouncing back.

Sure, growth of 3.2% year-on-year is way off the pre-virus trend. Still, with the Covid-19 pandemic dragging the world into a deep recession, the country’s return to expansion is a rare bright spot. The contrast with the U.S., where spiraling new cases raise the possibility of an extended downturn, couldn’t be clearer.